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Daily Energy Market Overview, Thursday, January 06, 2010
U.S crude for February shed 33 cents at 89.95 dollars a barrel by 12:05 GMT, while oil prices stayed at 90 dollars a barrel on Thursday. ICE Brent for February added 3 cent at 95.53 dollars per barrel, U.S. heating oil futures stayed at 2.5392 dollars, while gasoline rose 18 percent to 2.4496 dollars.
read more... 06/01/2011
China becomes one of world’s leading offshore energy producers.
China has become a part of the world's elite “club of offshore oil producers” following China National Offshore Oil Corporation's (CNOOC) announcement that its oil and natural gas output exceeded 60 million metric tons in 2010.
read more... 06/01/2011
Noble Energy to figure out how to employ the discovered gas reserves in Israel
After making a huge natural gas discovery at Israel's Leviathan gas deposit in the Mediterranean Sea last month, Noble Energy now faces a new challenge: sketching how to employ these reserves.
read more... 06/01/2011
Poweo will decide on Antifer LNG terminal future.
According to the declarations made by Poweo, the French leading operator of power and gas, the board should decide if it will continue the implementation of its Antifer LNG terminal project in the northern France, at Le Havre. The Antifer LNG project involves the construction of a terminal of a 9 billion cubic meter per year.
read more... 05/01/2011
Huge natural gas reserves discovered in Israel
According to the U.S. company Noble Energy, a recent test drilling confirmed huge natural gas reserves at Israel's Leviathan gas deposit in the Mediterranean Sea, containing 450 billion cubic meters of gas, which are supposed to guarantee the country's energy independence.
read more... 04/01/2011